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77 Discovery Dr

34,304 SF 100% Leased Office Building Bozeman, MT 59718 £9,467,645 (£276/SF) 5.62% Net Initial Yield

Investment Highlights

  • Fully Leased to MeatEater and the State of Montana
  • Beautiful Setting with Mature Landscaping and Walking Paths
  • Recently remodeled

Executive Summary

This fully leased office investment opportunity offers a unique opportunity to acquire a solid investment supported by leases with the State of Montana and MeatEater.
In total, the ±34,210 square foot property sits on ±1.95 acres. The first section, 9,184sf, was built in 1999 and is two (2) stories with an elevator. In 2012, a 25,120sf addition was built consisting of three (3) stories. Both of the buildings have their own elevator for exclusive use.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
34,304 SF
Building Class
A
Year Built
2002
Price
£9,467,645
Price Per SF
£276
Net Initial Yield
5.62%
NOI
£531,705
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
17,152 SF
Building FAR
0.40
Lot Size
1.95 AC
Opportunity Zone
Yes
Zoning
RO - RO
Parking
94 Spaces (2.74 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Central Heating
  • Partitioned Offices
  • Suspended Ceilings
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-0798-23-1-66-17-0000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£7,067,636
  • Listing ID: 29270407

  • Date on Market: 14/08/2023

  • Last Updated:

  • Address: 77 Discovery Dr, Bozeman, MT 59718

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